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27. Which of the following is a key determinant of operating leverage? Level of debt Physical location of production facilities. Cost of debt. Technology Capital
27. Which of the following is a key determinant of operating leverage? Level of debt Physical location of production facilities. Cost of debt. Technology Capital structure, 28. Which of the following is a key determinant of financial leverage? Level of debt. Technology Labor costs. Amount of fixed assets used by the firm. Variable cost of goods sold. 29. Which of the following is (are) typically part of the cash budget? Payments lag. Payment for plant construction Cumulative cash All of the above. Only answers a and c above. 30. The financial breakeven point for a firm is defined as the level of sales: EBIT. sales: gross profit. EPS: sales. gross profit: EBIT. EBIT: EPS. that produces equal to 2
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